Bank Nifty Weekly Forecast for October Expiry

Last Week we gave Chopad of 29160 Bank Nifty did all 3 target on Upside so awesome week for chopad followers. Coming week we are nearing confluence of time cycle date on 31 Oct

Bank Nifty Harmonic Pattern

Till we are holding 28900 we can rally towards 32k.

Supply and Demand Analysis

Self Explanatory chart.

Planetary Cycles and Bank Nifty Movements

Coming week Bulls need to move above 29500 for a move back to 29700/30000/30386. Bearish below 29300 for a move back to 29100/28777/28500/28300/28100.

Gann Angles

Support in range of 28900-29100.

Bank Nifty Gann Dates

Bank Nifty As per time analysis 31 Oct is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly

Coming week Bulls need to move above 29500 for a move back to 29700/30000/30386. Bearish below 29300 for a move back to 29100/28777/28500/28300/28100.

Bank Nifty Monthly

Bank Nifty Bulls need to close above 29160 for rally towards 29500/29800

 Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:29600

Bank Nifty  Resistance: 29843,30000,30200

Bank Nifty Support:29350,29100 ,28888

Levels mentioned are Bank Nifty Spot

Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl.Please also read the detailed Disclaimer mentioned in the Right side of Blog.

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